R&D tax expenditure and direct government funding of BERD in Australia
Australia: R&D tax expenditure and direct government funding of BERD was 0.0321 Percentage of GDP in 2023. ▼ Falling
R&D tax expenditure and direct government funding of BERD in Australia, 2000–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Australia recorded 0.0321 Percentage of GDP for r&d tax expenditure and direct government funding of berd in 2023.
The figure is up 1.9% on the previous year and up 27.9% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd in Australia peaked at 0.0447 Percentage of GDP in 2006 and was at its lowest, 0.0219 Percentage of GDP, in 2015.
That places Australia 27th out of 38 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
R&D tax expenditure and direct government funding of BERD in Australia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.0265 Percentage of GDP | — |
| 2001 | 0.04 Percentage of GDP | +50.9% |
| 2002 | 0.0324 Percentage of GDP | -19.0% |
| 2003 | 0.0358 Percentage of GDP | +10.5% |
| 2004 | 0.0395 Percentage of GDP | +10.3% |
| 2005 | 0.042 Percentage of GDP | +6.3% |
| 2006 | 0.0447 Percentage of GDP | +6.4% |
| 2007 | 0.0357 Percentage of GDP | -20.1% |
| 2008 | 0.0276 Percentage of GDP | -22.7% |
| 2009 | 0.0255 Percentage of GDP | -7.6% |
| 2010 | 0.0221 Percentage of GDP | -13.3% |
| 2011 | 0.0227 Percentage of GDP | +2.7% |
| 2012 | 0.0241 Percentage of GDP | +6.2% |
| 2013 | 0.0251 Percentage of GDP | +4.1% |
| 2014 | 0.0235 Percentage of GDP | -6.4% |
| 2015 | 0.0219 Percentage of GDP | -6.8% |
| 2016 | 0.0222 Percentage of GDP | +1.4% |
| 2017 | 0.0226 Percentage of GDP | +1.8% |
| 2018 | 0.0241 Percentage of GDP | +6.6% |
| 2019 | 0.0265 Percentage of GDP | +10.0% |
| 2020 | 0.0308 Percentage of GDP | +16.2% |
| 2021 | 0.0325 Percentage of GDP | +5.5% |
| 2022 | 0.0315 Percentage of GDP | -3.1% |
| 2023 | 0.0321 Percentage of GDP | +1.9% |
Australia compared with similar countries
- Australia's 0.0321 Percentage of GDP is below the median for high income countries, which is 0.0556 Percentage of GDP, 58% of the median. (31 countries reporting)
- Australia's 0.0321 Percentage of GDP is below the median for East Asia & Pacific, which is 0.0434 Percentage of GDP, 74% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.035 Percentage of GDP | 0.0255 Percentage of GDP | 0.0447 Percentage of GDP | 10 |
| 2010s | 0.0235 Percentage of GDP | 0.0219 Percentage of GDP | 0.0265 Percentage of GDP | 10 |
| 2020s | 0.0317 Percentage of GDP | 0.0308 Percentage of GDP | 0.0325 Percentage of GDP | 4 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is r&d tax expenditure and direct government funding of berd in Australia?
- R&d tax expenditure and direct government funding of berd in Australia was 0.0321 Percentage of GDP in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest r&d tax expenditure and direct government funding of berd recorded in Australia?
- The highest recorded value was 0.0447 Percentage of GDP in 2006.
- What is the lowest r&d tax expenditure and direct government funding of berd recorded in Australia?
- The lowest recorded value was 0.0219 Percentage of GDP in 2015.
- How does Australia rank for r&d tax expenditure and direct government funding of berd?
- Australia ranks 27th out of 38 countries with data for 2023.
- Is r&d tax expenditure and direct government funding of berd rising or falling in Australia?
- Over the last ten years it is up 27.9%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of R&D tax expenditure and direct government funding of BERD — Government-financed BERD. Statizoid updates them automatically from the source API.
Download this data
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About this data
The OECD R&D Tax Incentives database provides a set of indicators that reflect the level and structure of central and subnational government support for business R&D in form of R&D tax incentives and direct funding across OECD member countries and other major economies. This includes time-series indicators of tax expenditures for R&D, based on the latest OECD data collection on tax incentive support for R&D expenditures. Estimates of the cost of R&D tax support at subnational government level are reported whenever such provisions are applicable and relevant data are available. These estimates of the cost of central and subnational R&D tax relief have been combined with data on direct government funding of business expenditure on R&D (BERD), as compiled by National Statistical Offices based on reports from firms, in order to provide a more complete picture of government efforts to promote business R&D. Furthermore, these estimates are combined with data on Government budget allocations for R&D (GBARD) in the broader context of overall budgetary support for R&D activities undertaken by governments. Government budget allocations for R&D include direct funding provided to all sectors, including contributions to R&D programmes abroad. OECD (2019) provides a practical guide to using the OECD R&D Tax Incentives database, describing the R&D tax incentive time series data and highlighting their potential for internationally comparative work through descriptive indicators and econometric analysis.